COSCO SHIPPING Ports (HKSE:01199) Cyclically Adjusted Book per Share: HK$13.99 (As of Dec. 2025)

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HKSE:01199 COSCO SHIPPING Ports Ltd HKSE:01199
85 GF Score
Price HK$5.20
GF Value HK$5.77
Valuation Modestly Undervalued
! 2 Warning Signs
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What is COSCO SHIPPING Ports Cyclically Adjusted Book per Share?

COSCO SHIPPING Ports HKSE:01199 85 Cyclically Adjusted Book per Share is HK$13.99 as of Dec. 2025. GuruFocus rates HKSE:01199 with a GF Score™ of 85/100 and a GF Value™ of HK$5.77 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

COSCO SHIPPING Ports's adjusted book value per share for the three months ended in Dec. 2025 was HK$12.598. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is HK$13.99 for the trailing ten years ended in Dec. 2025.

During the past 12 months, COSCO SHIPPING Ports's average Cyclically Adjusted Book Growth Rate was 3.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-08-19), COSCO SHIPPING Ports's current stock price is HK$5.195. COSCO SHIPPING Ports's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was HK$13.99. COSCO SHIPPING Ports's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COSCO SHIPPING Ports was 0.47. The lowest was 0.29. And the median was 0.37.


COSCO SHIPPING Ports  (HKSE:01199) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

COSCO SHIPPING Ports's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.195/13.99
=0.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of COSCO SHIPPING Ports was 0.47. The lowest was 0.29. And the median was 0.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


COSCO SHIPPING Ports Cyclically Adjusted Book per Share Related Terms


COSCO SHIPPING Ports Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for COSCO SHIPPING Ports's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

COSCO SHIPPING Ports Cyclically Adjusted Book per Share Chart

COSCO SHIPPING Ports Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 12.76 13.54 13.99

COSCO SHIPPING Ports Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.54 13.69 13.75 13.89 13.99

COSCO SHIPPING Ports Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, COSCO SHIPPING Ports's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


COSCO SHIPPING Ports Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Ports's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Ports's Cyclically Adjusted PB Ratio falls into.


HKSE:01199
85GF Score
COSCO SHIPPING Ports Ltd HKSE:01199
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

COSCO SHIPPING Ports Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, COSCO SHIPPING Ports's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=12.598/120.7036*120.7036
=12.598

Current CPI (Dec. 2025) = 120.7036.

COSCO SHIPPING Ports Quarterly Data

Book Value per Share CPI Adj_Book
200712 9.422 77.941 14.591
200812 8.810 79.590 13.361
200912 9.397 80.799 14.038
201006 9.232 81.568 13.661
201012 9.599 83.217 13.923
201106 10.192 86.185 14.274
201112 10.402 87.944 14.277
201206 10.721 89.373 14.479
201212 10.999 91.132 14.568
201306 12.284 93.001 15.943
201312 12.103 95.090 15.363
201406 12.313 96.409 15.416
201412 12.506 99.707 15.140
201506 12.739 99.267 15.490
201512 15.282 102.015 18.082
201606 11.537 101.686 13.695
201612 11.203 103.225 13.100
201706 12.873 103.664 14.989
201712 13.260 104.984 15.246
201806 13.381 106.193 15.209
201812 12.974 107.622 14.551
201906 12.385 109.601 13.640
201912 12.330 110.700 13.444
202006 12.370 110.590 13.501
202012 12.978 109.711 14.278
202106 13.272 111.360 14.386
202112 13.717 112.349 14.737
202206 13.153 113.448 13.994
202212 12.518 114.548 13.191
202306 12.216 115.647 12.750
202309 12.254 116.087 12.741
202312 12.647 117.296 13.014
202403 12.223 117.735 12.531
202406 12.414 117.296 12.775
202409 12.694 118.615 12.918
202412 12.256 118.945 12.437
202503 11.941 119.384 12.073
202506 12.542 119.055 12.716
202509 12.253 119.934 12.332
202512 12.598 120.704 12.598

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of HK$13.99 mean?
COSCO SHIPPING Ports (HKSE:01199) has a Cyclically Adjusted Book per Share of HK$13.99 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on COSCO SHIPPING Ports and its competitors.
Is COSCO SHIPPING Ports' Cyclically Adjusted Book per Share too high?
COSCO SHIPPING Ports' current Cyclically Adjusted Book per Share is HK$13.99. Overall, COSCO SHIPPING Ports has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does COSCO SHIPPING Ports' Cyclically Adjusted Book per Share compare to competitors?
COSCO SHIPPING Ports' Cyclically Adjusted Book per Share of HK$13.99 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on COSCO SHIPPING Ports and its competitors. COSCO SHIPPING Ports's current Cyclically Adjusted Book per Share is HK$13.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is COSCO SHIPPING Ports stock overvalued right now?
Based on GuruFocus' analysis, COSCO SHIPPING Ports (HKSE:01199) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$5.77, compared to a current price of HK$5.20 — trading 10% below its estimated fair value. The current Cyclically Adjusted Book per Share is HK$13.99. COSCO SHIPPING Ports' overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For COSCO SHIPPING Ports (HKSE:01199), the current Cyclically Adjusted Book per Share is HK$13.99 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is COSCO SHIPPING Ports (HKSE:01199) Overvalued in 2026?

Based on GuruFocus' analysis, COSCO SHIPPING Ports stock appears to be undervalued. The current stock price of HK$5.20 is trading 10% below its estimated GF Value™ of HK$5.77. GuruFocus considers COSCO SHIPPING Ports to be Modestly Undervalued.

Key valuation signals for HKSE:01199:

  • Cyclically Adjusted Book per Share: HK$13.99
  • GF Value™: HK$5.77 vs. price of HK$5.20 (10% below fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the HKSE:01199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


COSCO SHIPPING Ports Business Description

Address 183 Queen\'s Road Central, 49th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING Ports Ltd is a port operator and investor in China. The company's segment includes Terminals and related businesses and Others. It generates maximum revenue from the Terminals and related businesses segment. The company's geographical presence is in Mainland China (excluding Hong Kong), Europe, and Others.
85GF Score

Get the complete analysis for HKSE:01199

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$5.20
Price
HK$5.77
GF Value